RELATED PARTY TRANSACTIONS

12 Months Ended

Jan. 02, 2022

Related Party Transactions

Related Party Transactions

(17)         RELATED PARTY TRANSACTIONS

Charles Davidson, a franchisee of the Company, currently serves as a director of the Company and is the beneficial owner of approximately 16.1% of the Company’s common stock as of the date that these financial statements were available to be issued, by virtue of his ownership interest in Wexford Capital.

The following table outlines amounts received from related parties during the years ended January 2, 2022 and January 3,2021:

	Year Ended
(in thousands)	January 2, 2022		January 3, 2021
Revenues and NAF contributions - Charles Davidson		643		515

The following table outlines accounts receivable, net from related parties as of January 2, 2022 and January 3, 2021:

(in thousands)	January 2, 2022		January 3, 2021
Accounts receivable, net - Charles Davidson		64		52